Department for International Development

The Department for International Development (DFID) leads UK government’s work to end extreme poverty. The department is working towards ending the need for aid by creating jobs, unlocking the potential of girls and women and helping to save lives when humanitarian emergencies hit. DFID works directly in 29 countries across Africa, Asia and the Middle East.

For several decades, Government of UK’s Department for International Development has been actively working with the Government of India to help India achieve its own poverty reduction priorities and the Millennium Development Goals.

India is a growing global power and an important partner for the UK. As India’s economy grows, poverty reduces and India has ever greater prominence in world affairs, the UK’s development partnership with India is evolving.

In November 2012, the UK and India agreed to move to a new development relationship, ending the UK’s financial grant aid to India. The UK will responsibly complete by 2015 all our commitments to on-going projects. All new programmes will focus on sharing skills and expertise in priority areas such a growth, trade and investment, skills and health, or on making investments in private sector projects which create opportunities for the poor while generating a return. We will also strengthen our partnership with India on global development issues like food security and climate change.

Until 2015, DFID India will:

  • Focus on the poorest people in India’s low income states
  • Put women and girls at the heart of our work
  • Expand the private sectors’ potential to combat poverty and
  • Deepen our engagement with India on global issues where they are may be benefits for poor people elsewhere

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Under its private sector programme, DFID India is using of non-grant, ‘Investment Capital’ to develop private sector for inclusive growth in low income states of India. The focus is on interventions that enable poor people to obtain jobs, increase income and enjoy better quality of services and infrastructure. DFID India is building a portfolio that includes a mix of equity and loan, focusing on infrastructure, impact investing and affordable housing. Grant support is being used alongside investments to improve the policy environment, build capacity of key institutions, and promote microfinance and skill building. The developing portfolio will deploy £250 million in private sector led development projects through domestic Development Finance Institutions over next few years. Samridhi represents DFID India’s first investment under its Private Sector Programme. Following are the DFID team members for the Samridhi investment: